About Sip Direct
Sip Direct is a company based in New Delhi (India) founded in 2021 by Angad Singh. It operates as a D2C, and B2C. The company has 14 employees as of March 31, 2023. Sip Direct offers products and services including Online Liquor Store, Grandpa's Apple Pie Whiskey, Champagne and Roses Cocktail, Hot Buttered Rum, and SIP Assist. Sip Direct operates in a competitive market with competitors including HipBar, Liquesip, Spiritzone, TullyGully and Dooze, among others.
- Headquarter New Delhi, India
- Employees 14 as on 31 Mar, 2023
- Founders Angad Singh
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Ontap Direct Pvt Ltd
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$283.17 K (USD)181831.49as on Mar 31, 2023
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Net Profit
$-27 K (USD)56.76as on Mar 31, 2023
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EBITDA
$-25.72 K (USD)58.1as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
14
as on Mar 31, 2023
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Products & Services of Sip Direct
Sip Direct offers a comprehensive portfolio of products and services, including Online Liquor Store, Grandpa's Apple Pie Whiskey, Champagne and Roses Cocktail, Hot Buttered Rum, and SIP Assist. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for ordering and delivering alcohol and mixers online.
Whiskey cocktail ideal for cozy, seasonal sipping occasions.
Effervescent drink blending champagne with floral notes for events.
Warm rum-based cocktail for winter gatherings and holidays.
Hiring service for mixologists to assist at parties.
Funding Insights of Sip Direct
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Sip Direct
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Sip Direct
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Sip Direct Comparisons
Competitors of Sip Direct
Sip Direct operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HipBar, Liquesip, Spiritzone, TullyGully and Dooze, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Bars and liquor stores are discovered via a mobile app.
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| domain | founded_year | HQ Location |
Online platform for slot games with easy registration and deposits.
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| domain | founded_year | HQ Location |
An app-based platform for ordering and delivering alcohol conveniently.
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| domain | founded_year | HQ Location |
An app-based platform providing a range of alcohol products directly to consumers.
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| domain | founded_year | HQ Location |
Delivers wine, beer, and spirits to doorsteps with quick one-hour service.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Sip Direct
When was Sip Direct founded?
Sip Direct was founded in 2021.
Where is Sip Direct located?
Sip Direct is headquartered in New Delhi, India. It is registered at New Delhi, Delhi, India.
Who is the current CEO of Sip Direct?
Angad Singh is the current CEO of Sip Direct. They have also founded this company.
How many employees does Sip Direct have?
As of Mar 31, 2023, the latest employee count at Sip Direct is 14.
What is the annual revenue of Sip Direct?
Annual revenue of Sip Direct is $283.17K as on Mar 31, 2023.
What does Sip Direct do?
SipDirect operates as an online store specializing in alcohol, sodas, and mixers, allowing customers to order products for doorstep delivery. The platform features a user-friendly interface for browsing and purchasing beverages, along with additional services like hiring mixologists for events. Based in Gurugram, India, it serves individual consumers seeking convenient shopping options, focusing on quality selections and fast delivery to enhance user experience.
Who are the top competitors of Sip Direct?
Sip Direct's top competitors include HipBar, Spiritzone and Hedonne.
What products or services does Sip Direct offer?
Sip Direct offers Online Liquor Store, Grandpa's Apple Pie Whiskey, Champagne and Roses Cocktail, Hot Buttered Rum, and SIP Assist.
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